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16 Wellington Sq 407 sq ft Retail Property Ayr KA7 1EZ £375,000 (£921.38/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent position overlooking Low Green
- Street parking
- Period building
EXECUTIVE SUMMARY
The available space comprises a ground floor retail unit extending to 407 sq ft.
The shop is currently let on an annual lease and trades as a café.
There are four flats included in the freehold investment. Three of the four flats are currently let on Short Assured Tenancy Agreements producing an annual rental of £14,950 per annum. The attic flat is currently vacant although once occupied rental income should increase to £19,500 per annum.
The potential annual income is therefore around £26,500 per annum.
Offers over £375,000 are invited.
The shop is currently let on an annual lease and trades as a café.
There are four flats included in the freehold investment. Three of the four flats are currently let on Short Assured Tenancy Agreements producing an annual rental of £14,950 per annum. The attic flat is currently vacant although once occupied rental income should increase to £19,500 per annum.
The potential annual income is therefore around £26,500 per annum.
Offers over £375,000 are invited.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
407 sq ft
Costar Property Class
B
Year Built
1880
Price
£375,000
Price per sq ft
£921.38
Tenancy
Single
Number of Floors
4
Plot ratio
0.91
Total Plot Size
0.01 ac
Frontage
34 ft on Wellington Square
AMENITIES
- Storage Space
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NEARBY MAJOR RETAILERS
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16 Wellington Sq
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